They made it very clear in the investor call this week that they are a niche producer and are happy to stay that way. This implies they'll be looking to increase their reserve where sensible but they're not going to overpay for assets with delusions of world domination. Based on this I'm expecting them to return huge amounts of money to shareholders and keep enough in the bank to find a similar resource to cash in on the next boom.
They made it very clear in the investor call this week that they...
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 28.0¢ | $30.88K | 110.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 131013 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 99236 | 2 |
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| Last trade - 10.02am 01/05/2024 (20 minute delay) ? |
| FEX (ASX) Chart |